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Here are the hard facts most college graduates will face after grad school.
Being jobless or not having the job you want, because the days of graduating from school and staying in one company are over.
“Most college graduates will have 3 or more careers in their lifetime”.
Well, at least that’s what economists outside are speculating.
With this happening
I would recommend starting your entrepreneurial career while you are still in school.
You can start an online business or side business right out of your dormitory room and work on it as per your class schedule and then convert that business into a cash cow for you.
Which you can use to pay off your student loans.
I mean, you would think that this would be a no brainer for most college students but you would be thinking wrong.
Most of them are busy spending these 4 years away from home partying like crazy and following the crowd!!
Secondly, you can use this experience to get the job you want before graduation.
OK, now let’s look at some business models.
These are only outlines for each.
You’ll need to adopt, adapt, and expand on the one you choose, and make sure you do some research and model your business after other great businesses that are in your market.
Don’t try to re-invent the wheel.
Learn from the mistakes of other businesses and test ideas that you think might work for your own sales funnel.
There are business models.
1). reverse e-commerce.
This is when you set up a site or use eBay and list items that you think might sell.
First step.
You take quality pictures and list the items.
If and when they sell, you go back and buy the item and ship it to the buyer.
This is a great way to do business because you don’t need any inventory.
This will give you the freedom to test the market in your niche and see what is selling.
2). eBook Business Model.
This is what happens when you compose a PDF and format it into an eBook with graphics.
Keep in mind though, you don’t have to build anything if you don’t want to.
Absolutely.
If you have a passion for an idea, try building an eBook around that passion.
and if not.
You can simply interview an expert and then turn that interview into not only an e-book, but an actual book and an audio product as well.
So, you can end up with a home study course or a membership site and earn monthly passive income from it.
Those are just 2 business models that you can use and start from your dorm room.
The best thing about both these business model ideas is that you do not need a lot of money to get started.
Now, can you see how this could and should work?
I want to stress you guys… really think about using this idea to pay off your student loans and at the same time build a successful online business!
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